4Filed Jul 29, 8:00 PM ET
Carter Bankshares Director Robert M. Bolton Sells 1,500 Shares
$CARE · Carter Bankshares, Inc.Research Summary
AI-generated summary of this SEC filing
Carter Bankshares Director Robert M. Bolton Sells 1,500 Shares
What Happened
Robert M. Bolton, a director of Carter Bankshares, sold 1,500 shares of CARE stock in an open-market transaction on July 30, 2026. The shares were disposed at $34.60 per share for a total transaction value of $51,900. This was a sale (not a purchase or option exercise), which is often routine insider selling and does not by itself indicate the company’s outlook.
Key Details
- Transaction date: July 30, 2026
- Transaction type/code: Open-market sale (S)
- Shares sold: 1,500 at $34.60 per share
- Gross proceeds: $51,900
- Shares owned after the transaction: Not specified in the provided filing
- Footnotes/plan: No 10b5‑1 plan, tax‑withholding, or other special footnotes noted in the provided data
- Filing timeliness: Report filed with the SEC on July 30, 2026 (no late filing indicated)
Context
- Sales by directors can be routine (personal liquidity, portfolio rebalancing) and do not necessarily signal a change in company fundamentals.
- For retail investors, purchases typically carry more weight as a bullish signal; this entry is a straightforward disposal with no additional context provided in the filing.